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20130124
20130201
STATION
MSNBC 9
MSNBCW 9
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English 18
Search Results 0 to 17 of about 18 (some duplicates have been removed)
MSNBC
Jan 28, 2013 6:00pm PST
by the sales tax. it doesn't care if you're a janitor with four kids or a cardiologist with lots of dollars. the greater percentage of income you pay, if you don't make that much money, that sales tax on the egg might be 1% of a day's pay for you. it could probably be more like a thousandth of a percent of the cardiologist's paycheck for the day. a sales tax is therefore among the least populist way of raising money for government, proportionally speaking. it takes the most from people with the least money, and the least from everybody who has more money. because of that backwards impact, because it's harder on the poor and easier on the rich, you might think a tax like that would be among the most unpopular tax ideas. but in bright red states, states where republicans have complete control of the government, that tax all of the sudden is really popular. this month in louisiana, republican governor bobby jindal rolled out his agenda for this year. get rid of the income tax and corporate taxes where how much you pay depends on how much you make. but do not worry about the billions in lost ta
MSNBC
Jan 29, 2013 6:00pm PST
to pay tax. when he spoke today in las vegas, he said they need to pay tax. when he spoke in el paso, he said they will need to pay a penalty. when he spoke in el paso, he said they would need to pay a fine. so penalty changed to fine. but other than that, yeah, the whole diagnosis of the problem, the whole proposal for how to fix the problem, the economic and social argument for why we need to fix the problem is the exact same for president obama today as it was in 2011. and frankly, that it was before that from him. what has changed is his political assessment, that what he wanted for the country before but he could not get, now he is going to get. now it is possible. policy-wise, he has stayed in exactly the same place for all of this time. what has moved is the republicans. >> now the good news is that for the first time in many years, republicans and democrats seem ready to tackle this problem together. at this moment, it looks like there is a genuine desire to get this done soon. and that's very encouraging. but this time action must follow. i'm here today because the time has come
MSNBC
Jan 23, 2013 6:00pm PST
the high speed computer trades. >> is there any downside to a tax? >> yeah, if you're a hedge fund manager or one of the high-speed traders, you're going to have to pay some tax and it's going to discourage you from making bets that distort the market. for the rest of us, i don't see a downside, ed. >> how would we make a determination? because you know they would come back and say oh, this is really going to hurt the economy. how would this hurt the economy? >> i don't see how discouraging speculation, which is almost all done with borrowed money. they effectively borrow money at a rate of 30 to 1. you put 3% down and borrow the rest of the money. i don't see how this hurts the economy. and if we reduce this volatility and reduce market distortion, we can get back to having a market focused on investments that create production in the future and wealth in the future, not creaming the market today through speculation. >> quickly, you think this is something congress could embrace? >> not probably in this congress in the house, but i think this is an idea. it's been around for 80 ye
MSNBC
Jan 23, 2013 9:00pm EST
problem. and the president wants to increase taxes to continue the spending. >> these democrats are going to spend us right into bankruptcy. they're not serious about getting things under control and stopping the spending. >> the white house is so unserious about cutting spending. >> none of that is true. i mean, to the extent that true means attached to facts. here is spending under bush. here is spending under clinton. here is how spending has dropped under president obama. these guys were not mad about george w. bush's big spike in spending, buzz they have decided to get really mad at the guy who is fixing that, and that anger is weird enough on its own terms. it's weird enough that this republican analysis of this problem is so divorced from reality. but what today's news reminded us is it's not just the analysis that is weird, it's also the purpose of the analysis, what they are using this cockamamy backwards analysis to justify that is really deeply strange. for decades, raising the debt ceiling was something that congress has been willing to do. since the presidency of fdr, congres
Search Results 0 to 17 of about 18 (some duplicates have been removed)